Premium Insurance Portability Options
Did you know mortgage premium insurance is portable?
If your current mortgage is insured by CMHC, Sagen, or Canada Guaranty you might be able to port your premium when buying a new home.
Porting your existing premium insurance when you buy a new home can save you money. Some policies can even be ported up to 24 months after you've sold your home.
More information is available on their websites:
If you're not sure if your mortgage is insured, or which insurer holds your policy, give us a call!